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a spectrum 2 by lg for $49.99 face-to-face negotiations re but can congress come to a compromise or will we all g hit >> your realtime captioner: linda marie macdonald. >>> a "fiscal cliff" hanger face to face negotiations resuming. but can congress finally come to a compromise or will we hit the clock when it strikes 12? >> another strike could stop movement at docks along the east coast and cost the u.s. billions. >> and we got light rain already inching closer and closer towards the bay area. rain already falling in parts of eureka. we'll tell you when it's going to hit the roads here. in the meantime, let's talk traffic. here's a look at the dublin interchange. busy at westbound 580. a check of mass transit coming up. >>> good morning. it's friday, december 28, i'm frank mallicoat. >> and i'm michelle griego. time now is 5:00. we're following some breaking news now. oakland police are working this morning at two crime scenes where three people were killed overnight. at 1 a.m., two people were shot to death in the 800 block of meade avenue in west oakland then at 2:30, one person
-bismol to-go. hours.. can congress come to a compromise? the fiscal cliff showdown resumes with face-to-face negotiations.. muni celebrates a big milestone.. and they're givg all of us a gift!! and.. putin puts a stop to l u-s adoptions.. why?? plus meet one family who's gotten stuck in the middle this international dispute. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's friday, ,,,, >>> here's look at forecast in some cities around the country. washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle, mostly cloudy, 44 degrees. >>> here's another look at this morning's top stories. general norman swargts schwarzkopf died at his home yesterday in tampa, florida. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. >>> and president obama meets with congressional leaders this afternoon at the white house to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. >>> if p
of congress who can't compromise probably aren't good lovers, sex requires give and take. allen west is one of hose members at least for the next few days. it is month surprise the republican from florida is criticizing the president. >> what the president is propose sing not rag mattic and it is a reflection of him living in some type of fantasy world. >> don't expect to see michelle obama's name on ballot any time soon. at least not according to david axelrod. >> you know, i think she sees her role much more as a private role. she's done a wonderful job with her kids. she will find ways to make contributions, i'm sure, but the last thing i think she would do is run for public office. >> the white house is getting flooded with requests to legally recognize the baptist church as a hate group. we the people petition already has more than 288,000 signatures. the kansas based group is known for protesting funerals. still no response from the white house yet. congressman ed markey is hoping for a promotion. the -- senator, dem democrat, from massachusetts plans to run important the vacant senat
of congress must take the initiative on a compromise. >> it appears to me the action if there is any is now on the senate and we will have to see if we're able on a bipartisan to move forward. >> but the democrats say there can be no deal without republican concessions on tax increases. >> unless we get a sign-off from the republicans in the house, we can't get anything done. for them to talk about a bipartisan arrangement, we have done that. >> without a deal, the mediate effect would billion a tax hike. relief checks to $2 million -- 2 million onamericans would also cut, possibly triggers another major u.s. recession. >> things that you don't really need, you're not going to get. >> it will probably affect my finances in a huge way. >> it will affect my dad. my dad's 76 and he's already got his food stamps cut and his medicaid cut. i don't know how much more than can cut. >> half of all americans now expect no deal by new year's day. by a margin of 2-1 they hold the republicans more at fault than obama and his fellow democrats. >> earlier, i spoke to richard at campaign's for america's fu
compromises. you know, we have some new people in congress who made a promise back home, we won't compromise on anything, but stand by the principles and never compromise. unfortunately, things can't work that way. you must compromise. dagen: senator, great to see you, thank you so much. >> thank you very much. good to be with you. dagen: avoiding the cold in your home state for the time being. >> thank you. dagen: good to see you, be well. uncertainty hitting business planning for 2013 and beyond. drew green black, ceo of steel, part of a small group of business leaders invisitted to the white house last month on the fiscal cliff, and based on your meeting, drew, does the president understand the damage being done to business and the country already just because of the lack of action? >> i think the president and the congress are right now not serving the people in the best fashion. we need the fiscal cliff resolved right away. this uncertainty causes great harm to the country, and we need very aggressive plans to reformulate our budget so that we don't have to have this uncertainty hanging
a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope
i believe has been the least productive, most confrontational, the least compromising congress in which i have served, and i have been here since 1981. the senate tomorrow will consider the sandy supplemental legislation. hopefully they will pass that tomorrow or by saturday. certainly, the house of representatives needs to address that supplemental to give relief to those that were savaged by sandy in the worst storm that has hit the northeast perhaps in history. the violence against women act passed senate overwhelmingly, something that we could work on today. the farm bill expires on december 31. milk prices will spike substantially if that bill is left to expire. mr. cantor indicated that would be addressed before we left here at the end of the 112th congress. that is some six days, a week off, four days until december 31, obviously. the foreign intelligence surveillance act, to continue making this country safe and secure and empower our people to protect us from those who would harm us, that bill is being considered on the senate today on the floor. the senate is here wor
. they have not done that this -- in this go-round. there's no rallies calling on members of congress to stand firm against any compromise. what what explains that? >> i think it's a seshl movement and it's evolved dramatically from those protests in 2009. we were involved in those and those were very important at that time. you're seeing an evolution in developing sophistication at the very local level amongst activists. they're very aware of what's going on on the fiscal cliff. they're very aware of what a budget resolution is and you see that pressure applied to both republicans and democrats. >> warner: quietly. >> well, we're not a protest movement anymore. we're something else. we're going to be seating candidates, recruiting candidates in the next cycle and that's a level of sophistication we didn't have in 2009. >> warner: will the tea party exact retribution on republicans who do vote for any compromise that includes any tax increases? >> i think -- i can just speak for freedom works. i think we look at the entire two year cycle of a representative's voting records and it's not just a
. that is the latest here at the white house. back to you. >> thank you. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is bat
host: that will happen in january 1 if congress fails to reach a compromise, even a short-term compromise. dan on the phone from massachusetts. caller: thank you for taking my call. i would like to know how many millionaires there are in this country versus the number of people who make $250,000 and less. i think that's where the argument can bw won e won. john boehner is making a calculation and i think that is a poor population. we should roll back the reagan tax cuts. tax cuts do not work. the bush tax cuts have been designed to be temporary. we have had no job growth due to the tax cuts. forbusinesses on the hook reinvesting their profits back into the businesses. thank you for taking my call. host: the story from "the washington times." host: other candidates that have been mentioned include the attorney general in massachusetts. he ran against scott brown and loss. congressman stephen lynch. name out of contention is ted kennedy, jr. he will not seek the seat. he was speculated to seek the seat of his late father. the decision to buck the dying inouye. senator daniel
to stop. >> it must stop. but unfortunately, we're used to the republicans in congress taking us to the edge. their number one goal was to defeat president obama. they can't say the word compromise. for two years, they've held the middle class hostage. it's been nothing but obstruction. filibustering. pretty much the worse congress ever. literally. check this out. amanda at "the huffington post requests ran the numbers and found the current congress is on track to be the most unproductive since the 1940s. >> who ever said the republicans haven't accomplished anything. the do-nothing congress truman talked about? they got over 906 bills signed into law. how about speaker newt gingrich's congress. 333 bills signed into law. your congress has just 219 bills signed into law. >> the american people are sick of it. joining me now is clarence page, columnist for the chicago tribune. thank you both for being here. >> i'm glad to be here. thanks for having me. >> ryan, this "huffington post" story got a lot of coverage. >> it's as dysfunctional as anything we had in the modern era. it's g
to compromise on taxes and that's not what congress wants to hear. they can say it until they're blue in the face. they should go directly to lawmake lawmakers. they may be dock that. it's definitely how they feel. these biggest of ceos really want this deal to happen and it's time to compromise to end the paralysis. that is far and away the message across business and across wall street. >> leigh, i imagine they want this because it affects the bottom line for these companies in a way that washington politics maybe didn't before. is washington and sort of wall street becoming closer in terms of their relationship here? >> definitely. you know, it's funny, it used to be wall street was really focused on mechanics of companies. companies fundamentals. how did coke do this quarter? now they're much more focused on the macro because the macro is moving stocks and moving the market. things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter.
of the cliff. >> we want to know your thoughts on all of this. what do you think about congress not reaching a deal on the fiscal cliff. do you think it is possible that a compromise will be reached before the deadline. you can share your thoughts and comments on facebook, on our fob page. just search for fox 5 morning news, no space between fox and the number 5. we may share your comments on air. >>> now to a big story we are following as we learn of the pass aifg decorated u.s. general. >> general norman schwarzkopf passed away yesterday after battling pneumonia. we have a report. -- the passing of a decorated u.s. general. >> reporter: the commander of u.s. led international coalition forces that drove shad out of kuwait in 1991 has died. general schwarzkopf was a much- decorated combat soldier in vietnam and was possibly known as stormin' norman. former president bush approved the following statement. statem >> in the late '80s, general schwarzkopf was promossed to general and later appointed commander in chief of the u.s. central command. general colin powell released this statement whi
banning americans from adopting russian kids. >>> maybe congress should take lessons from dock workers and employers. they came up with a compromise to avoid a strike that could have cost our economy billions. >>> the meeting of the minds in the middle is next. [ all ] 3, 2, 1... [ male announcer ] as the year counts down, your savings can add up with the adt new year's sale. help protect your family with the advanced technology of adt starting at just $99 -- a savings of $300 plus 15% off accessories. but you must call before midnight january 2nd. more than a security system, adt can help let your family in from the cold even when you're away from home. adjust your thermostat remotely to help save energy and money. turn on the lights, even see that everyone is safe and secure. and with adt, you can rely on our fast response monitoring for 24/7 protection against burglary, fire, and high levels of carbon monoxide. the adt new year's sale. it could help you save something more important than money. call now to save $300 on adt starting at $99 installed plus 15% off accessories. sale end
off the fiscal cliff kill this one bright spot in the economy which is housing why can't congress make a deal? it had months to compromise and there's nothiig out there. the dow is down 88. copd makes it hard to breathe, but with advair, i'm b. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and shou not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase yo risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first fu prescription free and saveon refills at advaircopd.com. >> announcer: you never know when, but thieves can steal y
dakota, and you have compromised with both sides on these issues, but the vast majority of the public looks at congress, all of you, the house of representatives and the senate looking at you guys with disgust. is that coming across in the halls of the capitol? do the people there understand what the people out here, the 310 million of us consider when we think about the political leadership? >> i think that is absolutely what's pushing the negotiation why we have to stay at it. as i said a minute ago, i'm in the camp where we have to continue to push until we get the job done. i'd like the big deal now. if we don't get the deal, get as much as we can and continue to go after the things we're talking about, the reforms and the savings, that we need. adam: senator, we appreciate you being with us here on fox business. while president obama and the congressional leaders work or appear to work to try and come up with a fiscal cliff deal, the full house is not even scheduled to return to washington until sunday afternoon. democratic congressman of delaware joining us now from wilmington.
between the president and congress allege leaders. any optimism there? there's some -- little bit of a trickle of maybe some sort of compromise deal with rates starting at 400,000 instead of 2 r50. how is the white house feeling about this meting coming up at 3:00? is this more important show? >> at the white house at least from the conversations we have had with aides and other members of the staff, it is pretty clear they recognize that this is a big deal. they also recognize that they think the ground rules remain the same. reporters like myself back to exactly what the president said a week ago was the fact that he wanted to extend the bush era tax cuts for those making less than $250,000 and focusing on the unemployment insurance for more than 2 million americans who are already receiving letters within the next days. as early as tomorrow, luke, they will stop getting those checks if nothing changes. it will be the last check they will get if nothing changes going forward. recognize the five who will be here in this private meeting will be meeting for the first time since bef
-election, he, if anyone, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress, yet, he doesn't lead. he hands it over to a man who hasn't passed a budget in years. >> at 3:00, we'll meet. and i'll tell congressional leaders, you come up with the package, tyler. >> the real tragedy, what it says about the quality of leadership in this country. they can't lead, seem unwilling to lead. that's what's distressing to individual voters and to the markets. >> thank you, joining us, and thank you, out there. we'll join "mad money" right after this break. and we'll see michelle right after that on a special "kudlow report." let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries
, editor-in-chief of. they are saying, hey, we don't have to compromise. we have more people in congress coming in that are democrats. the president doesn't have to give on that $250,000 top. where do you stand on this? do you think the president does or should compromise up to -- particularly on the tax issue? >> you can't be a democrat and ask republicans to compromise if you don't want to give up something. i think the president clearly understood that. so when he laid the $250,000 out, he gave himself some room because, again, you saw speaker boehner's proposal, it dealt with 1 million. look, you have to compromise. democrats can't say, hey, we have more folks coming in because the republicans still control the majority in the house. you have to give to get. it's as simple as that. >> so at the moment that's a no for you for democrats giving something up until they see signs from republicans who, i should point out, have said we will raise taxes for some folks. that's something, is it not? >> president boehner had to pull the deal off the table when it came to taxes of folks above a
't get a compromise going. what is the right term? >> a lot of times it seems you are not being represented. you have interests over riding the people's concerns. that is an example of what happens in congress. >> the lowest income folks' check will shrink by 3%. top earners 6%. that says nothing of loss deductions or other unknowns. >> political parties need to stop looking at their platforms and look at what is best for americas. >> reporter: coming at 6:00 p.m., the anger factor. consumer editor tom vacar, ktvu channel 2 news. >>> on wall street today stocks fell for a fourth straight day. the dow is down 18 to 13,096. the nasdaq is down 4 at 2,985. the s&p is down 1 at 1,418. there is good news, americans are buying new homes at their fastest pace in 2 years. sales rose 4.4% last month. that is the strongest since april of 2010. with the rising sales the supply is low. just 149,000 new homes were on the market. that is higher than the record low in august. >>> police shot and killed a man they called an armed suspect. officers responded to an apartment complex this morning.
not even voted on it when it was $1 million and above. it is difficult to see any type of compromise. many people like to see something done. >> it is business as usual for congress to wait in to the last minute. but this is the last, last minute. with just a few days left the dreary stripped down bill or kick the can down the road and see how quickly we can react. >> grant: could probably get a deal early january. thank you, michael. if you'd like to connect follow him on twitter -- his handle is "at-yaki-blog." >> jacqueline: the rainfall will return not that strong but we are still going to be seeing rainfall for most of the bay area. clear skies leading to cold temperatures and increasing clouds tomorrow. that'll help warm things up a bit. drier weather and warmer temperatures will stay early next week. some cloud coverage approaching the north bay but if these moves, state temperatures are not going to be as nearly as cold as a what i expected. right now, we are looking at 30's were most of the bay area. as we take a whiter view of the satellite & radar. of a wide view, we can see the
to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investigate a deadly accident there. this happened around 7:00 last night when a tractor-trailer stopped in traffic, was rear- ended by a pickup truck. three people inside the pickup truck died at the scene. the driver of the tractor- trailer was not hurt. >>> d.c. police are offering a $25,000 reward for information leading to the arrest in the shooting death of a capitol hill man. jason emma was shot multiple times the morning of christmas eve. he was found sitting in his car. the vehicle was still running. police think he was killed when two men tried to rob him. the funeral is set for tomorrow at 11:00 in arlington. >>> a disturbing scene out
the president's term and it will be remembered by members of congress if we actually don't do something that is a compromise, because at this point it has to be bipartisan. there is no question that something has to pass the house and the senate with votes from the minority party. so we've got to go to the drawing boards, and i hope that there is a plan laid out at the white house with the leaders from which we can start that real negotiation. now, many would say, really? you think we should start now, two or three or four days out? well, no. we should have started about six months ago or a year ago. no doubt about it. but we are where we are. so what can be done in a significant way that will ease the concerns of the american people right now and go forward, knowing that a lot can be done next year with the new congress. no one wants to see tax increases on every american. no one wants to see america's defense budget decimated, which is what will happen on december 31 in sequestration automatically with no action. no one wants to see unemployment tick up. and no one wants to see anothe
the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte
Search Results 0 to 26 of about 27 (some duplicates have been removed)